United Rentals (NYSE:URI) Posts Earnings Results, Misses Expectations By $0.06 EPS

United Rentals (NYSE:URIGet Free Report) released its earnings results on Wednesday. The construction company reported $11.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.65 by ($0.06), Zacks reports. United Rentals had a net margin of 16.78% and a return on equity of 34.51%. United Rentals updated its FY 2025 guidance to EPS.

United Rentals Price Performance

Shares of United Rentals stock opened at $774.50 on Friday. The firm has a market cap of $50.82 billion, a PE ratio of 19.99, a P/E/G ratio of 1.68 and a beta of 1.69. The business has a 50-day moving average price of $766.58 and a 200 day moving average price of $768.75. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.38. United Rentals has a twelve month low of $596.48 and a twelve month high of $896.98.

United Rentals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be given a $1.79 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 0.92%. This is an increase from United Rentals’s previous quarterly dividend of $1.63. United Rentals’s dividend payout ratio is 16.83%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on URI. Citigroup cut their price objective on United Rentals from $985.00 to $835.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Robert W. Baird upgraded shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price target on the stock in a report on Tuesday, January 14th. Argus raised their price target on shares of United Rentals from $840.00 to $880.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Barclays upped their price objective on shares of United Rentals from $400.00 to $565.00 and gave the company an “underweight” rating in a report on Friday, October 25th. Finally, Truist Financial reduced their target price on shares of United Rentals from $965.00 to $963.00 and set a “buy” rating for the company in a report on Thursday, January 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, United Rentals currently has an average rating of “Moderate Buy” and a consensus price target of $813.73.

Read Our Latest Research Report on United Rentals

United Rentals Company Profile

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United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

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Earnings History for United Rentals (NYSE:URI)

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